07016 ZIP Code – Cranford, New Jersey
ZIP code 07016 is a large ZIP code located in Cranford, New Jersey, within Union County with a population of approximately 23,838 residents. The median household income of $152,941 is above the New Jersey average and well above the national average. The median home value of $608,700 is well above the national average, with 77.5% owner-occupied housing (decreasing). . Median rent is $1,952, which is well above the U.S. average. Housing consists of 78% single-family (decreasing), 14% apartments (increasing), 9% duplex/multi-family.
The area reports an unemployment rate of 3.4%, below the national average. The poverty rate of 2.7% is well below the U.S. average. An estimated 64.8% of adults hold a bachelor's degree or higher, well above the national average. At 42.9, the median age is near the national figure. Nearby ZIP codes include 07027, 07033, 07204.
ZIP Code 07016 Data
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ZIP 07016 vs. New Jersey vs. U.S.
| Metric | ZIP 07016 | NJ Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 23k | 15k | 10k |
| Median Household Income | $152k | $113k | $73k |
| Median Home Value | $608k | $459k | $258k |
| Median Rent | $1,952 | $1,724 | $1,088 |
| Median Age | 42.9 | 43.1 | 43.2 |
| Unemployment Rate | 3.4% | 5.8% | 5.0% |
| Poverty Rate | 2.7% | 8.1% | 13.3% |
| Bachelor's Degree or Higher | 64.8% | 44.1% | 26.9% |
Demographics Charts
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Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 07027 – Garwood
- 07033 – Kenilworth
- 07204 – Roselle Park
- 07090 – Westfield
- 07203 – Roselle
- 07066 – Clark
- 07083 – Union
- 07081 – Springfield
- 07092 – Mountainside
- 07065 – Rahway
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 07027 | GARWOOD | 4,542 | $107,823 |
| 07033 | KENILWORTH | 8,345 | $97,600 |
| 07204 | ROSELLE PARK | 13,964 | $97,769 |
| 07090 | WESTFIELD | 30,852 | $202,450 |
| 07203 | ROSELLE | 22,500 | $75,264 |